II New Small Enterprise Policy 1991 To impart vitality and growth to the sector

Ii new small enterprise policy 1991 to impart

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(II) New Small Enterprise Policy, 1991 To impart vitality and growth to the sector Package for Tiny Units Increase in investment limits from 2 lakh to 5 lakh for tiny sector; locational restrictions removed Separate package for promotion of these units Equity Participation in SSI Bigger industrial units allowed equity participation in SSI upto 24%: to reduce the burden of equity funding Introduction of a new legal form of business for SSIs: Restricted or Limited Partnership Liability of at least one partner unlimited & others limited Other Features Scope of NEF & SWS enlarged; Priority in govt. purchases and resource allocation; stronger coordination btn SSI and agriculture
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